Cain Brothers, a division of KeyBanc Capital Markets Inc., the corporate and investment banking arm of KeyCorp, has added David Cohen as a managing director with its healthcare investment banking team.

He will be focused on mergers and acquisitions and partnership transactions involving hospitals, health systems and academic medical centers. Cohen is based in the firm’s New York City office and reports to Wyatt Ritchie, group head of Cain Brothers. He brings two decades of investment banking experience, most recently as a managing director at Morgan Stanley. During his career, Cohen has been an advisor to C-suite executives and board members of both healthcare providers and payers.